What type of policy typically covers personal property loss for homeowners?

The special form policy is designed to provide comprehensive coverage for personal property loss in a homeowner's insurance policy. This form typically covers all types of risks named in the policy, except for those specifically excluded. This makes it more advantageous for homeowners, as it provides a wider range of protection compared to other forms.

In the context of homeowners insurance, personal property includes items like furniture, electronics, clothing, and other personal belongings. The special form policy generally covers losses from common perils such as theft, fire, and damage from certain natural disasters. By offering coverage on an all-risk basis, it addresses the various situations that could lead to property loss, thus giving homeowners peace of mind.

Other types of policies, such as basic or broad form, might only cover a limited number of risks or perils and might not provide comprehensive protection for personal property. Therefore, the special form is particularly beneficial for homeowners seeking extensive coverage for their assets.